U.S. District Judge Paul Oetken in Manhattan who is handling the case: “Alibaba Group Holdings Ltd v. Alibabacoin Foundation et al, U.S. District Court, Southern District of New York, No. 18-02897” denied the claims of Jack Ma’s companies who were attempting to force the closure of the ICO of Alibabacoin (ABBC).
The company claimed that the ICO’s name violated Alibaba.com’s copyrights and that the Alibaba Foundation acted fraudulently by having a name that made people think that the crypto had some kind of relationship with the online e-commerce giant.
This statement was denied by ...
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